iGaming Business

    PlayCity collaborates with Kick to crackdown on illegal gambling ads

    PlayCity collaborates with Kick to crackdown on illegal gambling ads

    PlayCity has partnered with streaming platform Kick to combat illegal gambling advertisements, aiming to raise awareness about unlicensed operators and ensure compliance with advertising regulations. This collaboration follows Ukraine's move to launch an online complaint form for the public to report illegal gambling ads, highlighting a growing industry focus on responsible advertising.

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    Brazil finance ministry defines joint liability of financial and payment institutions in illegal betting

    Brazil finance ministry defines joint liability of financial and payment institutions in illegal betting

    Brazil's Ministry of Finance, through Ordinance 1,766, has outlined the tax liability for financial and payment institutions that facilitate or promote illegal betting activities. This new regulation establishes a framework for joint liability, holding these entities accountable for their involvement in illicit gambling operations.

    BreakingRegulatory

    Nine European regulators coordinate crackdown against prediction markets

    Nine European regulators coordinate crackdown against prediction markets

    Nine European regulators, including those from Belgium, France, Germany, Italy, the Netherlands, Poland, Portugal, and Spain, have coordinated a crackdown on unlicensed prediction markets. This widespread action has already led to popular operators like Polymarket and Kalshi being blocked in several of these markets, indicating a significant regulatory shift across the continent.